Note 30 — SECTION IX. THE REAL BASIS OF RATES.

In the Report made by M. Richard Waddington in the name of the Commission of the Third System of Railway Tariffs, special or differential rates are thus referred to. “These Tariffs are established in compliance with a trade demand which varies, as one can easily understand, according to the locality and district concerned. Like intelligent merchants the administrators of the railway companies have based their rate of charges on the law of Supply and Demand....” The celebrated expression of M. Solacroup, director of the Orleans Company, sums up the considerations which led to the compilation of special tariffs. “In the matter of Transport Tariffs there is only one rational rule, viz., to ask of merchandise all it can pay; any other principle is no principle.”